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for two minutes. ms. castor: democrats and republicans agree that deficit reduction is important. in fact, over the past year and a half we have achieved over $2.7 trillion in debt reduction. now the republicans want to take us through a charade with this tea party budget. if enacted, the republican budget would weaken america's recovery. it would undermine what makes america great and what makes america strong. like education, the ability of students to attend college, medical research and inthe noah vation, the about of -- ability of our older neighbors to live their lives in dignity in their retirement years through medicare and long-term care. now we get a lot of advice and economists across the board, in fact, our own congressional budget office, advise that the best and fastest way to reduce the deficit to is to make sure people across america have jobs and are working. it is inexplicable that the republican budget proposes to eliminate jobs in construction, in education, scientific research, and instead heaps the burden on middle class families. experts predict the republican budge
and better jobs for the american people. after all the budgets that never balance and record deficits, job creation, we would be coming off the four best years in modmodern american history, because we had four $1 trillion deficits in a row. another that will, quote, only be $850 billion this year. that's yielded us less than 2% growth a year. we all know if we took the number of americans that have left the work force and recalculated unemployment rate, it wouldn't be 7.8%, it would be about 10.5%. the path that my friends on the other side recommend doesn't work. and the balance in both the r.s.c. budget and ryan budget are much more promising course. they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to gri
differences. let's take a look at them. the gop plan would cut the deficit $4.6 trillion over ten years, all through spending cuts. the democratic plan would cut the deficit $1.8 trillion half through spending cuts and half through tax hikes. senator corker, let me start with you will senate republicans accept a tax increase if you get serious entitlement reform and cuts? >> i think senate republicans and all republicans want to see a 75 year solution to entitlements and i think republicans are joined in wanting to see tax reform so to the extent that generates revenues and how that is scored obviously that will be debated as we move ahead but i think all of us understand the real issues driving the deficit is in our o country are the entitlements. we want to see these available for generations to come. >> chris: but real quickly you you understand the price for entitlement reform in any deal would be a tax increase. would you buy that and what do you think are the prospects there willle be a deal sometime before this summer? >> well, again, i think there by the way is a chance on a deal. i
deficits with no end in sight doesn't lead to prosperity, doesn't lead to growth. it leads to financial ruin. i'm also the father of four great kids, two in college and two in high school. they know that as a family they have to plan ahead for the future. we need to create a budget and then live within our means. these are the same principles that my parents past down to me. -- passed down to me. these are the values that montana's families live by each and every day. those values are exemplified in montana's own state legislature. we're the only constitutionally -- where the only constitutionally required duletty is passing a budget. in -- duty is passing a budget. in fact, when they adjourn in a little over a montana, they will have given montana a balanced budget, just like they did last year and the year before and the year before that. it seems simple -- live within your means, spend no more than you take in, but it's not so easy here in washington. right now we are presented with two very different visions for our country, two visions that will lead to two very different outcomes
deficit by almost $6 trillion in 10 years. reduce ay budget would little under $2 trillion in 10 years. >> what other groups are offering their own budget plan docks water they likely to focus on? >> -- who will be issuing their own budget plans? budget will be similar to patty murray's budget in the senate. increases,ave tax but neither would balance the budget in 10 years. also the congressional black caucus and the congressional progressive caucus will be introducing budget. it's possible a ryan version could be introduced in the senate. >> what is likely to happen in the senate this week? >> it will be democrats making the case for the patty murray budget. convince someto democratic senators who may not support that budget. they will have to sell it to democratic senators as well as republicans. no republicans are likely to vote for the budget. they will be calling for more spending cuts, no tax increases, balancing the budget sooner. >> republicans say this to be the first time in four years they have agreed to put forward a plan. why is this your difference? are a number of diffe
% in three years and the deficit by force of $4 trillion and strengthen medicare and medicaid and you'd be asking the wealthy to pay their fair share. how do you get 7 million new jobs in one year in your budget? money onu are spending infrastructure. we have a $2.20 trillion in infrastructure deficit according to the american society of civil engineers three allows people to work on roads, bridges, etc.. you put people to work building schools and other necessary things. you give money to the states. states have laid off 700,000 cops and firefighters and teachers. by doing all this, you stimulate the economy by putting aggregate demand. what do you consider fair share when it comes to wealthy taxpayers? >> we propose to different things. we propose to close tax loopholes. - indid the our budget close many we will of the corporate tax loopholes. he sablan the profits home by taxing it at 3% -- you say bring them profits home by testing it at 3%. we say no. money here and through accounting tricks make it appear as if it is in the cayman islands. we will tax it all. but he should get a
overcame a 27-point deficit. and heat streaked by the cavs. in that process, notching the 24th straight win in their belt. >>> in the first-round of the ncaa tournament number 2, 16 seed and james madison university won to advance to the second round which starts tomorrow with 16 games. they will play top seed indiana friday. good luck in that. >>> then to number 13 seeds lasalle defeated boise state. they advance to the second round to face kansas state. >>> president obama, by the way, he filled out his ncaa brackets. and he predicted that number one louisville will make it to final four. he also chose ohio state, florida and indiana to win it all. >>> nfl chicago bears could not agree on a new contract for eight time pro bowl linebacker brian urlacher so he becomes a free agent after 13 years. and ed reed left the super bowl champ baltimore ravens after 11 seasons and signed with the houston texans. >>> tiger woods says he and lindsay vonn went public about their relationship so the paparazzi couldn't make as much money from pictures they took of the couple. >> it's real simple. we're ha
resources, and almost overnight america's energy resource picture flipped from deficit to surplus. in the past five years we've become stronger as a nation through the developed of these god-given resources. as a result we are more competitive. from low income to the high tax brackets, everyone is benefiting. the future's bright but only if we educate the half truths and begin telling the real story of america's natural gas revolution. the stories about technology, private sector innovation, investment, financial risk, thousands of new jobs, new competition, new growth, a growing and better standard of living for more americans, lower energy costs, new industries, a revitalized energy sector, more jobs, more growth, energy security and optimism. this is the story of america's natural gas revolution. i yield back. the speaker pro tempore: the entleman's time has expired. for what purpose does the gentlelady from illinois seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, t
already huge amounts of money and deficit reduction. it's just not appropriate, mr. president. that our military can't train and do the maintenance necessary. these men and women our marines were training there in hawthorne and with the sequester it's going to cut the stuff back. >> can i tell you marine corps officials this afternoon are taking a strong exception to what harry reid implied, saying that this exercise, for example, was planned well in advance had nothing to do with the bucket -- budget cuts, there were no corners cut. >> bill: this is what i object to. reid is exploiting the death of these marines who were just out in nevada because that terrain is similar to afghanistan. they had a mortar. the mortar malfunctioned and blew up. it had nothing to do with the sequester. he exploits this for political gain. that's just awful, is it not. >> let me say one thing. harry has a unique ability to use wrong words at the wrong time. however in his defense he he never ever associated the two of those together. >> bill: wait, we just heard him do that. he said the sequester and this
the president a major deficit reduction victory or not? if they really believe that needs to be done and the president put something on the table that gets them significant entitlement reform and savings, i think they've got to do it. >> harold, i think the possibility of deals and immigration, possibility of deals on guns, possibility of deals on the budget, on the long-term debt, i think the possibilities are actually -- excuse me for being optimistic, pretty darn good on all fronts. you've got republicans who daily are holding press conferences wringing their hands trying to figure out how to save their party. and you have a president who, again, he's a 47%, pretty damn good considering everything. but still, he wants to be over 50% and he wants a legacy. he doesn't want to just talk about what he did the first two years. >> i agree. i believe the prospects for progress on both immigration and gun control are gun regulation. if we get progress on the budget and the debt. i think immigration and gun regulations are easier to win. if the economy hobbles along and don't get me wrong,
they trust on spending issues. when asked how our budget deficit should be reduced, a large majority, 65% of people said by cutting spending. when asked to choose between the budgets proposed by each party, most people pick the one more in line with the republican proposal. cutting spending and not raising taxes. but when asked when each party was trusted more, people say that they trust the democrats more. go figure. let's get an amp explanation from charlie hearst, economists at the washington times. so you have this. people seem to like the republican approach. they just don't like the republican label with it. why is that? >> i think a large degree, republicans have been snakepit. largely because of what we have seen over the last couple of years. republicans talking to the media, which is something the democrats have focused on more than anything else. including the ideas that republicans have gone four. voters are far more in line with those ideas. but i would actually argue that republicans least realize that there is a problem here and there is a real disconnect between washingto
, erasing a 27-point third quarter deficit to beat lebron's old team, cleveland cavaliers, 98-95. james had a triple-double, 28 points, 12 rebounds, 10 assists. the heat now within nine games of the nba record for consecutive wins set by the 1971-72 los angeles lakers who won 33 in a row. what are the chances, berman, that it happens? >> you can't keep falling behind by 27 points and expect to win nine games more in a row. >> they do that on purpose is my theory. but your theory is that -- >> they've gotten so used to winning any way they want, they sort of -- >> no big deal? >> -- they play casually the first three quarters and then they turn it on. i suspect it may catch up with them. >> i suspect you're right. >> thanks, zoraida. >>> we're awaiting a live news conference with president obama and palestinian president mahmoud abbas. we'll bring it to you right when it happens. this as there are no reports this morning that abbas may be ready to make a key concession. say path to a two-state exclusion on the horizon? >>> what's going on with jay leno? rumors that say pretty soon before he
of the american people, including the majority of self-identified republicans that we can move forward on deficit reduction in a balanced way. >> bret: senior political analyst brit hume in miami tonight with thoughts on the charm offensive. good evening, you look sun-shiney in miami. >> life is good here, bret. you should come. i hope you will be here soon. >> bret:ly indeed. what do you think of the charm offensive? >> well, it was a remarkably sudden conversion by the president from an attitude of, you know, up yours. i don't need you, to i want to get together to talk with all of you. of course, the leaders in the, the republican leaders in congress who are smart enough not to act skeptical about it. they said they thought it was fine and good. more the better. but i think in the end, you have to ask a question, bret. simply this. is it likely that president obama will make any major concessions on the entitlement programs, without more new taxes? and the other side of that, of course, will republicans be willing to go along with more new taxes to get reform in entitlement programs. unless yo
? >> sure, i do. one problem with the baseline is it brings the deficit later on of the we looked at the budget and realized we could probably balance in five years. the problem is with the way the numbers work is it brings you back out of balance soon thereafter. what we wanted to do is have a credible plan that got us to balancing, got us into surplus. that's what our budget does. there is something unique in the baseline where deficits go down to the mid part of the next ten years and then go right back up. what we want to do is get them on a downward path and keep them down. we not only balance the budget, we go into surpluses and pay off the debt. >> brian: here is chris van hollen. he seems to disagree with everything you say. here is an example. >> i'm used to that. >> let me focus first on what our budget focuses on, which is not just economic growth in jobs in the future, but jobs in economic growth now and in the future. this republican budget is not balanced in ten years. >> brian: is he right? is it not in balance? >> no, it does balance in ten years. they're throwing
it has no choice, its schools are running a deficit of a billion dollars, that's just the schools. so, it plans to close 50. largest single school closure in recent memory anywhere. needless to say, a lot of folks in chicago aren't happy about this, right? >> you know this story, don. you grew up in chicago, you covered school issues. it's a big deal, very divisive story in the sense that there are a lot of people who are worried this is going to hit mostly african-american communities. the city's south side. we haven't seen the list yet. the list is supposed to come out today at 5:30. look, a lot of people are anticipating this list, they think it's going to hit the south side hard. >> they were saying possibly in the beginning of the school year they were saying they were going to close 80 to 100 schools and they may have gotten off easy this time because it's only 50 schools, but this is the single largest school closure in one year ever recorded. >> we're talking about again the third largest public school system in the country. >> you talked about the south side. south and west s
that the obama care would be deficit-neutral and control costs i think has turned out to be a charade. if you look at the longer term projections it looks especially more unlikely today than it did when they were engaged in the budget that allowed it to pass. what i think is interesting on the political side is how republicans are treating the issue right now. there is a debate inside the republican party whether it's wise to continue talking about obamacare. on one hand you have a group that says in effect this is over, this is done, we should tweak it, try to improve it, do what we can. let's not focus op it because it's in the past and discussion of aweer thety. on the other hand people think talk about it all the time because implementation is proving difficult and it will be more difficult as we go along to the republicans' benefit. >> bret: the second group of republicans believe the thing could crater. it could just not work. >> correct. that is a possibility. i think that the comment we just heard, there are thousands of pages of regulation that people haven't read is true. i don't ca
the deficit, more stimulus and spending. we are in the funny process where we will wrap up 50 hours of debate and then start the unlimited amendment process. any issue you have heard your callers call in and complain --ut, we might see today drone strikes against u.s. citizens, taxes, repealing healthcare -- they might all come up, but it is adding to a nonbinding budget resolution, so it is interesting and it might give people clues. host: a headline in your sayscation, "the hill," the senate is poised to pass a budget. guest: i think democrats will control the process and get it passed. .hey have a small window they can afford five democrats to not vote for it and still pass it, and in that case you would need vice president joe biden to break the time. -- the thai. .- tie there is pent-up frustration on the republican side about no real budget debate over four years. once it is passed, a lot of people will feel better. democrats will say we passed a budget, republicans get to complain about the budget month but from there it is hard to see how the senate budget reconciles with the house bu
accrued in 2001. when we think about debt and deficits, there are two kinds of deficits. those are those that invest in human capital or infrastructure or invest in education and there are those who do not. which endanger our future by adding to the national debt, and this war deficit was the second kind. my third point that i am passionate about, a lot it's difficult for many people to be passionate about accounting. i'm passionate about the lack of war accounting. one of the purposes of our book, and the several book chapters that we have written since then is to argue that bad accounting matters. the u.s. owes nearly a trillion dollars in what business would call deferred compensation to the men and women who fought the war, but this liability doesn't appear anywhere on the national balance sheet. we did not account for the value of the 6,6057 lives lost in afghanistan. that's just the troops, not civilians or contractors. except for a small amount of life insurance money even though civilian government agencies estimate the value of life at $1.7 million. so epa would value each one o
without a hint of how it would be possible. without exploding the deficit or dramatically raising taxes on the middle class. this is consistent with what the romney ryan ticket said on the campaign trail last fall. the same issue where they dodged, assembled, and ignored the perfectly reasonable question how is it possible? six months later it's back in the budget but there's still -- but there still is no answer. during the last 40 years there have been only four budgets without deficits. the last three clinton budgets and the one that george bush inherited from bill clinton. in each case taxes as a percentage of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. b
.s. debt that has been accrued since 2001. aboutrse when we think debt and deficits, there are two kinds of deficit. there are those that invest in human capital or infrastructure or investing in education, and those which do not, which endanger our future by adding to the national debt. and this war deficit was of the second type. third point that i am passionate about, although it is difficult for many people to be passionate about accounting, but i am passionate about the lack of war accounting. one of the purposes of our book and the several book chapters that we have written since then is to argue that bad accounting matters. the u.s. owes nearly a trillion dollars in what business would call deferred compensation to the men and women who fought the war, but this liability does not appear anywhere on the national balance sheet. we did not account for the value iraqe 6658 lives lost in and afghanistan. that is just the troops, not civilians, not contractors, except for small amount of life insurance money. even though civilian government agencies estimate the value of life at $7.20 m
be in a deficit in 10 years the argument however is that the senate budget creates jobs and economic growth from the middle out. now, that's according to the author. senator pattie murray. for the democrats the vote is a really big accomplishment. >> first of all, over the last two decades the average budget resolution considered 78 amendments. we have done 101. the average vote arama 70 amendments. twice as many. doing this has been a her could herculessen feet. senator murray and senator sessions. >> during the vote senators were facing more than 500 amendments which were filed but 70 were voted on. of course when you do take a 13 hour six minute vote there has to be a little bit of humor. >> it is good to say that as -- as of this time, 5:00 a.m., there has not been a day without a budget being passed in the united states senate. >> and some interesting observations from the vote. all democrats voted yeah with the exception of for up for re-election 2014. unfriendly to democrats. mark beg gich from alaska. baucus from montana. pryor from arc. hagan from north carolina. recently passed the rya
-term budget deficit and the house is poised to take up congressman paul ryan's budget tomorrow. joining me right now republican congresswoman marsha blackburn of tennessee. i want to start by showing everybody the new poll numbers. both sides have taken a hit when it comes to the budget hit. 67% disapprove of the way the president has dealt with the budget. 79% disapprove of the republicans on this. people at home think it's just absolutely ridiculous. will those numbers push both sides to find a compromise before it's too late, before the numbers continue to go down any further? >> you. thomas, i think you're right. they do want to see a resolution to this and what they're wanting to see a resolution to first is the out of control spending. get this out of control spending under control. and that's what we hear from both sides of the aisle, from our constituents, regardless of whether they're democrat, independent, republican, libertarian, you name it. they say, washington spends too much. you don't have a revenue problem. you have a spending problem. get it all under control. that is wha
.6 trillion annual budget, he can manage a $16 trillion deficit, but somehow he can't figure out how to keep tours open for the american people? he can't even figure that out? how is he supposed to figure out all those other heady things bob is talking about the real serious decisions which he can't control that he does control which is the white house. bill: talk about the job loss. that eventually will come. bob, if you were working in the white house would you have closed off the tours? i mean is that the decision you would have reached for? >> i would have canceled toilet paper order first. the reality is, but, look, you know, when brad talks about this, there are now boats in newport news, virginia, in for retrofitting have been stopped, the work on them. there are airports that are in fact airports closed down, small ones around the country. there have been furloughs done at the border. there are a lot of things going on here that should not be looked at. bill: it will not look good if you have 35,000,000 members of congress and their family members on the south lawn -- >> i'm not argu
the deficit, creates jobs, ensures global peace and security. t fights a good fight often without a lot of recognition but just doing a good job. not speaking today on behalf congressional black caucus. we have to hold any president ccountable in terms of checks and balances. that is part of the three ranches of government, udiciary, executive and legislati legislative. we have a duty and ensure that y to people have a voice in their guest: let government. what the house of representatives is about. written to president obama and respectfully have sked him to really justify and give us the information about the asis upon which -- legal basis -- the use of drones is engaged in as a result of efforts. we are waiting for the response from them on that. think it is important we ask any president questions as members of congress, it is our responsibility to do that and to personally continue to do that. i think that it president has image changed america's and role in the world and is phenomenal job. but that doesn't mean i won't exercise my duties and rights as ask the of congress to hard q
to the president to prevent default. i have to tell you, wolf. we can't keep running up deficits like this. it will damage our economy deeply and people are saying that we don't have a crisis on the horizon. of course we do. we've got a debt that is on a tear right now. if the debt takes off like it's projected to do, it's not only hurting our economy today but destroying it for the next generation. we just can't sit around and be complicit with that. that means we have to do something about it. >> let me get your thoughts on a couple sensitive issues coming before congress. immigration reform. do you support a pathway to citizenship for the 11 or 12 million illegal immigrants in the united states? >> well, i think we can get the comprehensive immigration reform. i support reform. i supported the bush reforms in 2005 and 2006. i think we can find a way of making sure that people here with an undocumented status have an ability to adjust that status. we're not going to be able to deport 12 million people. and there is a way to do this without rewarding them for breaking the line or breaking
-point deficit to beat the cleveland cavaliers 98-95. they have now won 24 games in a row. >> bill: can you imagine being down 27. >> i mean that's -- in the third quarter being down that much is daunting. but it shows just how dominant lebron james is, when he is ready to turn it on, he turns it on, and there is no stopping him. which is different than he used to be. now he is a monster. >> bill: you have got it. we have a great lineup for you for the rest of the program, congress woman judy chu from southern california will be joining us as well as a friend of bill from the "huffington post" and joe, our own foreign policy guru who will bring us up to date on what the president is up to in the middle east and his syria in fact use chemical weapons as has been reported. and the republican party engaged in a sort of a civil war. we'll get into that, but first -- >> announcer: this is the "full court press." >> espn releasing president obama's complete march madness yesterday as the men's tournament gets underway today. number one louisville, indiana, ohio state, an
, thankfully. >>> facing a $1 billion deficit, chicago public school system is making some really big changes. ceo barbara byrd bennett says the district's underutilized skols will be closed. they have not said how many schools are expected to close but opponents say they unfairly target minorities. >>> 24 and counting for the miami heat. but it was not easy. it hasn't been easy the last few games. lebron james and company came back from 27 points down in the third. >> can you believe that? >> beat his old team, the cleveland cavaliers 98-95. a triple-double. 12 boards, 10 assists. the heat are now within nine games of the nba record for consecutive wins held by the '71-'72 los angeles lakers. >> do you think they'll do it? >> no. they almost blew it against the celtics, almost blew it against the cavs. they are the best team i've seen in years. i don't think they should ever lose necessarily but that's a lot of games to win in a row. >> i can't believe they were down that much and came back. >> i can't believe you can do that every night. >> i think they're doing it on purpose. >>> recovered
in the leadership, which is the deficit of trust between the two sides. but pulling back, they picture, wolf, many israeli critics of the president have said too often he lectures israelis and doesn't seem to understand israel. tonight those critics, man of them, are saying he now feels he has conveyed that he does understand israel in a deep personal way, wolf. >> jessica yellin traveling with the president in jerusalem getting ready to head over to jordan with him tomorrow. jessica, thanks. >>> we're getting new information about claims that syria has used chemical weapons. our pentagon correspondent, barbara starr, has the very early results of the u.s. investigation. what is this, barbara? what are we hearing? >> brianna, as you said, the u.s. intelligence community has been working on this problem around the clock. did the syrian regime use chemical weapons. we do now have some initial results of that investigation. with video of syrians suffering from convulsions and breathing problems, and accusations of chemical weapons attacks, u.s. intelligence agencies have scrambled to determine if the
should be used to tackle the deficit and invest in the middle class, not be used just to simply tax, cut tax rates for the rich the way that the house budget did. >> reporter: now the senate did not accept the paul ryan house budget. the patty murray budget, the senate plan will probably come up to a vote 2:00 a.m. or so. uma: 2:00 a.m. regardless how votes will go won't there be need for serious negotiations? >> reporter: no question about that the house has a very different version than the senate. the house said they would balance the budget without raising taxes. the senate is doing more spending, more taxes. so our colleague greta van susteren asked house budget chair paul ryan about next steps. >> house passed the budget. the senate is passing a budget first time we've seen that in four years. that's a good thing. the question is now can we start looking for common ground? can we started a advancing toward a compromise? the way we look at this as house republicans. we understand our budget probably won't become law in every great detail but hopefully we get a down payment on this p
Search Results 0 to 31 of about 32 (some duplicates have been removed)